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45 Southwest 9th Street

Medallion Real Estate Purchases Condo At 45 Southwest 9th Street For $1,072,500 With Ralph Garcia As Buyer's Rep
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Medallion Real Estate Purchases Condo At 45 Southwest 9th Street For $1,072,500 With Ralph Garcia As Buyer's Rep

45 Southwest 9th Street

$1,072,500

$786/SF

Building Size

1,364 SF

Asset Type

Condo

Closing

May 14, 2026

AI

The transaction involves a condo located at 45 Southwest 9th Street, Unit 4606 in the Miami market. The property was sold for a total amount of $1,072,500, with a square footage of 1,364, leading to a price per square foot of $786.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $1,072,500
  • Square Footage: 1,364
  • Price per Square Foot: $786
  • Buyer: Medallion Real Estate
  • Seller: Bernard Wolfson
  • Buyer's Representative: Ralph Garcia, PA - The Keyes Company

This transaction features Medallion Real Estate as the buyer and Bernard Wolfson as the seller. Ralph Garcia, PA from The Keyes Company represented the buyer in this deal.

Players

Ralph Garcia

The Keyes Company

Broker

$8M

vol

6 deals

Broker

Miami Condo Market Snapshot

Boundary boundary · Condo · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

14.79%

Cash-on-Cash

-4.23%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93